MergerPlace

Medical Clinics

Missouri


  • Asking Price: $350,000
  • Gross Income: $1,844,005
  • Cash Flow: $696,555
  • Real Estate: Not Disclosed
  • Inventory: $15,000
  • FF&E: $100,000
  • Listing ID: #226995
  • Established: 2018
  • Employees: 7 FT

Business Description

Walk in medical clinics providing quick and reasonably priced walk in medical care to the general public. The clinics provide services to local residents that don't have health insurance and to those from out of the area that wish to visit somewhere other than a hospital emergency room. The clinics also have a membership program that allows members to visit at no cost as many times as they need to and includes various perks such as physicals, flu shots, referrals to specialists, etc.

The clinics also provides drive-up COVID testing for the general public and for employers. Results are provided within approximately 24 hours and they are performing these tests regularly which is bringing good exposure to the clinics.


Business Details

Primary Business Category: Health Care - Ambulatory
Location: Missouri

Company Information

Year Established: 2018
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 FT

Financial Information

Asking Price: $350,000
Gross Revenue: $1,844,005
Cash Flow: $696,555
FF&E: $100,000
Inventory: $15,000
Seller Financing Available: No

Property Information

Facilities:

The clinics are all located in very high traffic commercial areas with great visibility and near populations that are the right demographic for their services. Location is key to these clinics and they are all very easily accessible.

Growth & expansion opportunities:

As mentioned above there has been very little put into sales and marketing. The current owner believes that there could be many new membership clients gained by someone going out in the community and speaking to employers about providing this for their employees. The clinics have all grown quite a bit in 2020 despite the COVID 19 pandemic. Once the effects of the pandemic end in 2021 the owner believes that the growth will increase rapidly because there will be many more people out and about.

Competition:

There is very little competition in the area of operation. None of the competitors can offer the speed or cost effectiveness of the services provided at these clinics.

Reason for selling:

The owner has three clinics and wants to sell them all as a package. The owner has another commitment that is requiring a significant amount of her time and she can no longer focus on the clinics.

Support & Training:

Will train for 2 weeks @ $0 cost. The business owner is not required to have any special licenses. A new owner with some type of medical certification would be able to work in the clinics which could increase revenues as well as net income.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

David Hamm

Murphy Business Brokers